In your opinion do you think the current downtrend is significant in the grand scheme of things, at least crypto wise, or do you think we're still well into a bullish trend?
I realise that we can't be in the green forever, so how do you know exactly when we are in the bear cycle, before it actually happens, that is if we are not already in it?
Usually when there is bull run, Bitcoin tend to go up first and make a new all time high before other coins follow and then it consolidate at some price lower than the all time high but it's slightly. Then altcoins will now have their own moments of the bull run, you will see people making money from different projects but then a time will come when it wouldn't again and Bitcoin will make another run before it get corrected before long side ways, that's when the bull run finished.
However, this time is entirely different. What we are seeing right now is entirely different and that's because Bitcoin is now politically motivated, when you think the price is due for correction, they bring one news to raise it up again and it seems we are doing higher low but the low is not that effective to price changes. I'm not sure but this is going to be the longest bull run we would see because there is high expectations coming from people.